HighTower Advisors LLC Increases Holdings in SPDR Blackstone Senior Loan ETF $SRLN

HighTower Advisors LLC boosted its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 15.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 866,124 shares of the company’s stock after purchasing an additional 119,041 shares during the quarter. HighTower Advisors LLC owned about 0.55% of SPDR Blackstone Senior Loan ETF worth $36,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Brookstone Capital Management raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 2.7% in the second quarter. Brookstone Capital Management now owns 9,336 shares of the company’s stock valued at $388,000 after acquiring an additional 244 shares in the last quarter. Planned Solutions Inc. grew its holdings in SPDR Blackstone Senior Loan ETF by 2.7% during the 3rd quarter. Planned Solutions Inc. now owns 9,131 shares of the company’s stock worth $380,000 after acquiring an additional 244 shares in the last quarter. Aspetuck Financial Management LLC increased its position in SPDR Blackstone Senior Loan ETF by 0.4% during the 2nd quarter. Aspetuck Financial Management LLC now owns 68,092 shares of the company’s stock valued at $2,832,000 after purchasing an additional 245 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 4.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,323 shares of the company’s stock valued at $221,000 after purchasing an additional 247 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 2.5% in the 2nd quarter. Elevation Point Wealth Partners LLC now owns 10,537 shares of the company’s stock valued at $438,000 after purchasing an additional 255 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Trading Down 0.0%

NYSEARCA SRLN opened at $40.61 on Wednesday. The firm’s 50 day moving average price is $41.14 and its 200-day moving average price is $41.30. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $41.80.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2478 per share. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend was Monday, February 2nd.

SPDR Blackstone Senior Loan ETF Profile

The SPDR Blackstone Senior Loan ETF (SRLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides actively managed exposure to noninvestment-grade, floating-rate senior secured debt of US and non-US corporations that resets in 3 months or less. SRLN was launched on Apr 3, 2013 and is managed by State Street.